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Apple

  • Apple share price shockwave put markets on edge as tech company stocks tumbled

    July 22, 2015

    Technology stocks across the globe fell like dominoes yesterday, feeling the aftershock from Apple’s tumbling share price.   The California-based smartphone giant dropped by more than seven per cent in pre-market trading after releasing its results for the third quarter, and its shares lost another four per cent of their value throughout yesterday.   US [...]

  • US markets fall, dragged by tech giants Apple, Facebook, Twitter share price sliding

    July 22, 2015

    US markets were weighed down by plunging tech stocks after disappointing results from several giants, with Apple leading the fall after iPhone sales missed forecasts. Wall Street was weighed down by a Silicon Valley that was decidedly glum today, with Dow Jones closing 1 per cent down and Nasdaq 0.5 per cent. After yesterday's earnings [...]

  • Apple, Yahoo, Microsoft, IBM and Twitter share prices fall as US markets open

    July 22, 2015

    US technology shares all fell as US markets today, after disappointing results by Apple prompted a mass sell-off overnight. Read more: Apple reckons Watch sales "beat internal forecasts" The iPhone manufacturer led the fallers, with its shares falling five per cent to $124.29, after a 7.3 per cent drop in pre-market trading wiped $66bn off its [...]

  • Apple Pay UK: Where are people using it most? TfL races ahead

    July 22, 2015

    A week after Apple Pay's launch in the UK, and there's one spot where it's proving by far and away the most popular place to use. The contactless payment which lets you pay by simply swiping an iPhone or Apple Watch, attempts to make paying for stuff as quick and easy as possible, and there's no [...]

  • With this estimate of Apple Watch sales, the tech giant shows every sign of maintaining momentum: Investors are wrong to punish Apple

    July 22, 2015

    Despite posting strong third-quarter revenue growth (up 33 per cent to $49.6bn) and a slight gain in margin, Apple’s shares slipped seven per cent in after hours trading, wiping billions off its valuation and leading other tech stocks down. Investors were concerned, it seems, by lower than expected iPad and iPhone shipments and the possibility of [...]

  • Apple’s value loses billions and tech share prices tumble

    July 22, 2015

    European tech stocks have tumbled this morning after a string of muted results from the likes of Microsoft, IBM and Apple, which lost billions from its value in after-hours trading following a more reserved set of numbers from its third quarter earnings. The FTSE Eurofirst 300 tech index was trading down this morning while Arm's [...]

  • Apple’s chip maker Arm’s share price has dropped, despite upping its dividend by 25 per cent

    July 22, 2015

    Apple's chip maker Arm Holdings's share price dipped this morning, despite upping its interim dividend 25 per cent after being buoyed by yet another strong quarter.  The figures: Group revenues for the second quarter were up 15 per cent year-on-year in dollar terms, or 22 per cent in sterling.   Most of that came from [...]

  • Apple Watch sales “beat internal forecasts”, selling more than iPad or iPhone in its first quarter

    July 21, 2015

    As Apple released the first set of results from the tech giant to include Apple Watch sales, the one question everyone wanted answered was: How has the Apple Watch fared? A flop or a success for the company? Curious investors were left to wonder, however, as Apple did not break out unit sales for its [...]

  • Apple earnings: Profits soar as China continues to boost iPhone 6 sales – but share price slides seven per cent

    July 21, 2015

    Despite beating analysts' sales and revenue expectations again, Apple share fell by seven per cent after the company reported selling fewer iPhones than forecast and lowered fourth quarter profit guidance. The figures Smashing through what is traditionally its slowest sales period, Apple has reported a quarterly record-high revenue of $49.6bn, beating analysts' forecasts for the [...]

  • Apple says Itunes and App Store suffering “glitches” – unavailable for some users

    July 21, 2015

    Apple users are reporting technical glitches, with a whole host of their media functions struggling today, including the App Store and Itunes. The services are currently completely unavailable for some of its users. Apple has posted a statement: We are investigating and will update the status as more information becomes available. At least twelve Apple [...]

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